A charming split-level home in the Heart of The Catskill Mountains! Featuring 4 Bedrooms, 2. 5 Baths, with tons of natural light throughout. This home offers privacy and spaciousness with multiple living areas spread across separate floors. The main floor offers a spacious kitchen, dining room, living room, and theater room, while the second floor brings you to the bedrooms and baths. There's a bonus unfinished basement space with high ceilings that could easily be finished and serve as the perfect rec room for the family or a possible guest suite for additional family and friends. The exterior of the home has been recently renovated with a new roof, new siding, beautiful stonework, and lifelong trex decking. Plenty of outdoor space for the family to enjoy outdoor games, hosting summer barbecues, or simply watching the seasons change. Great lawn to add a shed or two and even create an outdoor wildflower or vegetable garden. The perfect first home, second home retreat, or investment property. Not only does this home offer a peaceful living environment, it also holds potential as a rental property or weekend getaway, capitalizing on Elka Park's appeal to those seeking escape from the urban hustle. The location is truly wonderful with countless hiking trails throughout the Indian Head Wilderness, the infamous Kaaterskill Falls, and The Hunter Mountain Ski Slopes just minutes away. You're never far from necessities or the cultural vibrancy of nearby Woodstock or Hunter Mountain. Plus, with New York City just a drive away, weekend escapes from the city are effortlessly convenient.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,901 | $2,830 | $3,573 |
Total Monthly Payment | $2,993 | $2,922 | $3,665 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.